dtt-net.com 
<https://dtt-net.com/russia-owned-oil-company-in-serbia-at-brink-of-shutdown-amid-usa-sanctions/>
  


Russia-owned oil company in Serbia at brink of shutdown amid USA sanctions


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Belgrade, 28 October 2025, dtt-net.com – The Russia-owned oil refinery in 
Serbia, NIS, is facing risk of shutdown by next month amid halt of oil 
shipments and also expected USA sanctions on local banks involved in 
transactions with it, according to officials.

Serbia’s President Aleksandar Vucic 
<https://www.youtube.com/watch?v=DXf9tov3iL8>  said today that the company will 
continue operations until end of next month, hoping that Washington will not 
impose secondary sanctions of country’s banks which operate with NIS…

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